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APAR Industries Limited

APAR Industries Limited

NSE: APARINDS
Electrical Equipment & PartsIndustrialsLARGE CAPMCap ₹67.13k Cr
₹16,033.00₹-881.00 (-5.21%)

Market Closed • NSE

Market cap₹67.13k Cr
Enterprise value₹68.12k Cr
P/E TTM54.63
Forward P/E42.64
P/B11.94
EPS TTM₹293.46
Forward EPS₹376.05
ROCE31.80%
D/E0.18
Dividend yield0.00%
Face value₹10.00
52W high₹19,265.00
52W low₹6,801.00
Price chart(1Y)
1Y Return:+5.33% (+₹812.00)
H: ₹19,265L: ₹13,282
1W-11.42%
1M-9.93%
3M+15.84%
6M+35.44%
1Y+84.50%
Today at a glance

Day range

₹15,945.00₹17,183.00

52 week range

₹6,801.00₹19,265.00
Volume186.3K1.45x 20D avg
Free float50.00%+45.00% volume

APAR Industries Limited closed at INR16033.00 (-5.21%) on volume 1.45x its 20-day average, trading 16.78% below its 52-week high.

Technical analysis
RSI (14)34.9Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹718.95High
SMA 20₹17,832.00BEARISH
SMA 50₹17,449.34BEARISH
SMA 100₹16,007.24BULLISH
SMA 200₹13,125.92BULLISH
CPR bottom₹17,366.50
Pivot₹17,215.67
CPR top₹17,064.83
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +84.6% QoQ

2026-09-11

DIVIDEND Announced

Dividend - Rs 60 Per Share

2025-07-29

DIVIDEND Announced

Dividend - Rs 51 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹956.0 Cr₹67.13k Cr1.42%≤ 33%PASS
Non-halal income ratio–₹22.90k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹13.71k Cr—≥ 20%PASS
Receivables ratio–₹13.71k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E54.6328.10
Forward P/E42.64—
P/B11.943.10
EV/EBITDA35.4018.00
PEG—1.10
Earnings yield1.803.60
Growth & profitability
RevenuePAT
FY25PAT margin 4.40%
FY26PAT margin 4.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y0.00%
Revenue CAGR 5Y+4.30%
PAT CAGR 3Y0.00%
PAT CAGR 5Y+3.50%
Operating margin10.80%
Net margin4.84%
Financial health & cash flow
Net debt₹956.0 CrHealthy
Interest coverage4.10xEBIT / interest
CFO / PAT0.99x3Y average
Net debt / EBITDA0.50xLeverage
Operating cash flow₹968.0 Cr
Capital expenditure–
Free cash flow₹968.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall70/100
Valuation35/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 31.8%

Low Debt Profile: Debt-to-Equity is comfortable at 0.18x

Risks

Stretched Valuation: Trading at a high P/E multiple of 54.6x

Bull case

Market Leadership: Established operational scale in Electrical Equipment & Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · June 2026

Ownership distribution

Jun 2026Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Dec 2024Jun 2025Sept 2025Dec 2025Jun 2026
36.24%Institutional holding
8.34%Public holding
5Periods available
0.00%Promoter pledged
97.94KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
14 Sept 2026Dividend₹60.00 / share—11 Sept 2026
29 Jul 2025Dividend₹51.00 / share—29 Jul 2025
—Dividend₹51.00 / share—20 Aug 2024
—Dividend₹40.00 / share—04 Aug 2023
—Dividend₹15.00 / share—04 Aug 2022
—Dividend₹9.50 / share—05 Aug 2021
10 Aug 2020Annual General MeetingAnnual General Meeting—07 Aug 2020
07 Mar 2020Dividend₹9.50 / share—05 Mar 2020
—Dividend₹9.50 / share—31 Jul 2019
—Dividend₹9.50 / share—01 Aug 2018
—Dividend₹10.00 / share—01 Aug 2017
20 Jan 2017BuybackBuyback—19 Jan 2017
—Annual General MeetingAnnual General Meeting—28 Jul 2016
24 Mar 2016Dividend₹5.50 / share—22 Mar 2016
—Dividend₹3.50 / share—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.98%+5.13% latest vs average
Highest delivery53.26%on 12 Oct
Average volume (20D)128.5KTrading-session average
Conviction trendStrengthening+5.13% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L93.500.58%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About APAR Industries Limited
APAR Industries Limited

Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables. [1] [2]

IndiaIndustrials

Questions investors ask
Is APAR Industries Limited Shariah compliant?

APAR Industries Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.42%) complies with AAOIFI threshold (≤ 33%).

What is APAR Industries Limited's current valuation relative to peers?

APAR Industries Limited trades at a P/E of 54.6x compared to the sector median of 28.1x, and a Price-to-Book of 11.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.18x and a Net Debt to EBITDA ratio of 0.5x. Interest coverage is 4.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.3% while net profit growth averaged 3.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.